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HomeMy WebLinkAbout86-5-2843566 ORDINANCE NO. 86-5-2843 AN ORDINANCE ACCEPTING THE BID OF SOUTHERN STATES ASPHALT COMPANY FOR SALE TO THE CITY OF ITS REQUIREMENT OF ASPHALT FOR THE YEAR 1986-87, TO BE USED IN STREET CONSTRUCTION AND REPAIR WORK, AND AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SUCH PURCHASE BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accept the bid of Southern States Asphalt Company, dated April 28, 1986, for sale to the City of its 1986-87 requirement of asphalt to be used in street construction and repair work, for the following prices: AE -200 (approximately 10,000 gal.) $0.6726 SS -1H (approximately 1,000 gal.) $0.6326 RS -2 (approximately 1,000 gal.) $0.6126 Primer L (approximately 1,000 gal.) $0.9426 Pug Mill Rental (per gal. of AE -200) $0.0500 The above prices include delivery to any point in the City of Paducah in minimum transport quantities of 5,000 gallons. Terms: Net Thirty (30) days. Said bid being in substantial compliance with a Municipal Order authorized by the Board of Commissioners on February 11, 1986, and as contained in the bid of Southern States Asphalt Company, dated April 28, 1986. SECTION 2. That the Mayor be authorized to execute a contract with Southern States Asphalt Company for the purchase of the items set forth in Section 1 above, according to the specifications, bid proposal and all contract documents heretofore approved and incorporated in the bid. SECTION 3. That Southern States Asphalt Company will furnish to the City, within ten (10) days after execution of said contract, a performance bond in the amount of $1,000.00. SECTION 4. The purchase price for said asphalt shall be charged to FRS Street Paving and Construction and/or Municipal Aid Program Funds. SECTION 5. This ordinance shall be read on two separate days and will be effective upon publication of title and a certified summary thereof. JOE VITERISI Mayor Introduced by the Board of Commissioners May 13, 1986 Adopted by the Board of Commissioners May 27, 1986 Recorded by Lenita Smith, City Clerk, May 27, 1986 Published by The Paducah Sun June 4, 1986.